204 sq yd Office for Auction in Nellore – Chola

Property Details

Property type

Office (Commercial)

Possession

Not specified

Area

204 sq yd (≈ 1,836 sq ft)

Reserve price / sq ft

₹3,952

Locality

—

City

Nellore

State

Andhra Pradesh

Address

All the Part Peaceful Nellore Registration District, Nellore Rural Mandal, Indukurupeta Sub registrar office, Gudipallipadu Mazara, Narayanareddypeta Grama Panchayathi, Gudipallipadu Mazara, Narayanareddypeta Village, in it vacant site, Door No. 28/1/B/10-5. Assignment No. 1031102894 House etc., Bounded by: East: House wall of Kakarla Sundararami Reddy to some extent, South: Street, West: Pulaka Kaluva Road, North: Jafer Saheb Canal Within these boundaries Sy. No. 367. Consisting an extent 25 1/2, Anakanams or 171.36 sq.mts or 204 sq yards of vacant site, in it an extent of 8 Anakanams or 576 sq ft or cement sheets house, an extent of 36 sq. ft of cement sheets of bathroom, latrine together with hand pump with all easement rights appurtenant thereto View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

15 Nov 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 466617

Price Check

This listing's reserve price works out to ₹3,952 per sq ft. The average across commercial bank auctions in Nellore on our site is ₹14,287 per sq ft, so this one is 72% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (AuctionTiger · Auction ID 466617), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before —. It is refunded if you don't win.
5. Bid online on 15 Nov 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.